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UPCOMING: Seberang Jaya / Zubicon Development Sdn. Bhd.

A newly proposed mixed development by Zubicon Development Sdn. Bhd. in the heart of Seberang Jaya. Strategically located along Jalan Todah, diagonally opposite Penang Bird Park. It is about 10 minutes drive to Penang Bridge, surrounding amenities include Safira Country Club, Sunway Hotel, The Light Hotel, health clinics and banks ... Read More

OCR Group terminates joint venture with D’nonce on affordable housing project

OCR Group Bhd has terminated its joint venture (JV) agreement with D’nonce Technology Bhd to develop affordable apartments in Seberang Perai Tengah, Penang. OCR did not mention the reason for the cancellation of the agreement in its filing with Bursa Malaysia yesterday. The JV between OCR’s wholly-owned subsidiary Fajar Simfoni ... Read More

Residency Permai

Residency Permai, yet another gated & guarded residential development by Tambun Indah Group at Bukit Merajam. Strategically located within the established township of Kota Permai, just a stone's throw away from the ever bustling Jalan Song Ban Kheng. Beng Teik primary school is only a mere minutes drive away. This ... Read More

SITE PROGRESS: Imperial Grande (Mar 2020)

About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More

Eco Bloom – A Lifestyle Condominium

As parcels of land in the once sleepy-hollow of Simpang Ampat on mainland Penang got sold, new housing estates have been developing and the town is now bustling with activity. The Northern Light Private School is located in Simpang Ampat, while GEMS International School at Pearl City is also within ... Read More

Ideal Residency

Ideal Residency, formerly known as PR1MA @ Bukit Gelugor, is an affordable housing development by Ideal Capital Venture Sdn. Bhd. (a subsidiary of Ideal Property Group) in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah. It's only less ... Read More

Bank Negara lowers OPR by 25bps to 2.5%

The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50%. It said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75% and 2.25%, respectively. “The reduction in the OPR is ... Read More

The Park @ Mak Mandin completed with CCC

The Penang government is calling all housing developers to work with the state to develop affordable housing projects. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state government would continue to lend their support and assist developers who are keen on developing affordable ... Read More

Mega Property Expo @ SPICE Arena (6 – 8 March)

The year 2020 is a great opportunity to invest in the housing market! Planning to do so? Well, mark your calendar down because MEGA PROPERTY EXPO will be showcasing various types of property developments including state government affordable housing projects together with the outstanding property developers in Penang! Visit Mega ... Read More

Ideal to launch Ideal Residency in Q3 this year

Ideal United Bintang International Berhad and its subsidiaries announced a consistent revenue above RM500 million in its financial year period ending 31 December 2019, with a Total Comprehensive Profit of RM87.9 million for the period. Profit attributable to owners of the company stood at RM58.15 million in 2019, representing an ... Read More